Liqui.io, a Ukrainian crypto exchange started up in 2017 has announced this week that they will be shutting down, leaving a notice on their former site, stating that they are “no longer able to provide liquidity for users.”
The full announcement can be found on Liqui.io and the rest can be viewed below:
We also do not see any economic point in providing you with our services. However, we do not want to return to where we were a month ago. Hence, we decided to close all accounts and stop providing our services. It broke our hearts to do that.
You will be able to withdraw your Digital Assets through our website within 30 days after this message was sent. If you did not withdraw delisted Digital Assets since we announced changes in our policies, you will also have another 30 days from the date this message is sent.
After 30 days we cannot guarantee that we will be maintaining our website. In this case, all withdrawals will be processed through our support https://liqui.freshdesk.com until the last user store his assets with us. Note that our Terms of Use will apply until you have your more than zero balance in our wallets. If we do not provide services we cannot store your assets for free, so the fee will apply if you fail to withdraw in accordance with our Terms of Use.
We may be back soon. However, that depends on the market which has significantly changed since 2017. We do not know what else to say but say thank you for supporting the cryptocurrency community and your faith in us.
We want to finish this message by the phrase of Marianne Williamson – “Every ending is a new beginning. Through the grace of God, we can always start again”.
Your Liqui Team
28 January 2019
After the company announced delistings back in September, some have questioned whether recent exchange volume and activity was false.
Quoine, a fintech company that provides trading, exchange, and blockchain-based financial services, and which operates cryptocurrency exchange Liquid.com, reached out to make sure people are not confused with the two brand names. They said, “Liquid.com would like to clarify that we are not associated with Liqui.io who has recently announced their closure of the business. Business is as usual at Liquid.com for both fiat and crypto trading and investments.”
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